Update on the racing situation in Korea

We are grateful to our colleague Ryu Seungho for this update on the situation in Korea.

People have asked why isn't is possible for racing in Korea to proceed without the public present, and Ryu Seungho explains this in the following report:

"It would be a very pleasant surprise were this to be the last extension. While Korea appears to have handled its outbreak as well as any nation and the pace of new infections has slowed, a number of so-called "cluster infections" have continued to spring up. Not far from Seoul Racecourse, a church in Seongnam which ignored government advice to refrain from holding offline services, saw over 50 members of its congregation test positive for COVID-19 last week.

It is this fear that may impact on the ability of racing to return any time soon – especially as now, in a effort to bring the recalcitrant churches into line, Seoul City is threatening to pursue operators of "mass gatherings" for any costs incurred as a result of infections. With no online betting, racing in Korea requires a "mass gathering" in order to exist and absolutely nobody thinks that having 30,000 to 40,000 people gathering inside a racecourse of 10,000 people in an off-course building is a good idea at this moment in time.

As for online betting, a bill to make it legal has been before parliament for some time as with no legal alternative, overseas-based illegal sites have boomed in popularity in Korea. The infrastructure is in place and ready to go with bets placed through the KRA's mobile app already accounting for approximately 30% of turnover on any given raceday. However, the app only works when connected to the KRA's wifi network at the racecourses or the off-track betting branches. It is popular with punters as the tierce bet-type is only accessible online, while the government likes it too as it has to be connected to a bank account and a real-name provided.

Quick legalisation isn't easy though, despite the loss of significant tax revenue (up to about US$20 Million for each week there is no racing) and also the success of Hong Kong and Japan in maintaining their turnover when racing behind closed-doors, which has been closely watched by observers here.  There are still many hurdles to be overcome if polticians, most of whom are instinctively against being seen to do anything that is seen to liberalize gambling, are to give the go ahead for the switch to be flipped and the app allowed to connect from punters' living rooms.

For now, Korean racing still intends to return on Friday April 10th. For that to happen, there must be a drastic reduction in the infection rate and also the schools must re-open, somehthing that is currently pencilled in for Monday April 6th. If either of those things fails to happen, then racing won't be re-starting.

In the meantime, trackwork has been continuing as have official barrier trials. Busan missed a week of trials due to a suspected COVID-19 case but started up again on March 14th, while Seoul has continued uninterrupted."


Racing and Sports